Nampak revenue up more than 20% thanks to strong demand for cans

The original article can be found here.

Article highlights:

  • In a trading update for the five months to end-February, Nampak said strong volume growth for beverage cans helped to grow its revenue by more than 20%.
  • Higher selling prices, resulting from significant increases in aluminium prices, was a key contributor.
  • The company said that there is increased pressure on cash flows to fund working capital.